Castellum Inc (CTM)
AMEXInformation TechnologyInformation Technology ServicesSnapshot 2026-11-05
$0.47-3.33%
Close 2026-11-05 · 1-day change
AMEXInformation TechnologyInformation Technology ServicesSnapshot 2026-11-05
QuarterlyIQ Insights · CTM
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Glen Ives, President and Chief Executive Officer of Castellum, commented, “Revenue for the first six months of 2026 grew 10% year over year to $28.2 million and gross profit increased to $9.8 million…
Stated in 2 of 3 supplied quarters. Management reported: “Glen Ives, President and Chief Executive Officer of Castellum, commented, “Revenue for the first six months of 2026 grew 10% year over year to $28.2 million and gross profit increased to $9.8 million, driven by the continued ramp up of the major long-term prime contracts we won in 2025, including the NAVAIR PMA-290 Special Missions program and the NAWCAD Lakehurst MO&I award.” “We currently expect to recognize approximately 16% of this backlog over the next 12 months and approximately 48% over the next 24 months, with the remainder recognized thereafter.””
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated weak grew net income 47% of the time over the next year (vs 59% for the rest of the cohort, n=6380).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Glen Ives, President and Chief Executive Officer of Castellum, commented, “Revenue for the first six months of 2026 grew 10% year over year to $28.2 million and gross profit increased to $9.8 million…”
“The 23% revenue increase for Q1 2026 was driven by production ramp‑up of these new contract wins.”
– Selectively pursuing M&A opportunities that meet our criteria.
Stated in 2 of 3 supplied quarters. Management reported: “– Selectively pursuing M&A opportunities that meet our criteria.” “We are looking for businesses that bring differentiated capability, contract vehicles or customer access we do not already have, and a valuation that is accretive to shareholders.”
“– Selectively pursuing M&A opportunities that meet our criteria.”
“We are focused on building on our strong organic growth momentum, fully leveraging our new CMMC Level 2 C3PAO certification as a key competitive differentiator in the DoD market, federal cyber and mi…”
Based on the momentum we are seeing in our backlog, pipeline, and contract awards, we expect to deliver record revenue for the full year, and our focus for the second half is translating that growth…
Stated in 2 of 3 supplied quarters. Management reported: “Based on the momentum we are seeing in our backlog, pipeline, and contract awards, we expect to deliver record revenue for the full year, and our focus for the second half is translating that growth into durable, higher-margin performance.” “Our second quarter gross margin of 34.0% reflects a higher mix of subcontractor work, which typically carries a lower margin than direct labor, as well as the cost to complete the remaining work on the two firm-fixed-price contracts referenced above.” Gross profit was $4.719 million in 2026-Q2.
“Based on the momentum we are seeing in our backlog, pipeline, and contract awards, we expect to deliver record revenue for the full year, and our focus for the second half is translating that growth…”
“Strong year-over-year revenue growth, combined with our ongoing efforts to improve production efficiencies, resulted in increased gross profit for the quarter, while our gross margin of 35.4% was som…”
Importantly, we funded the business entirely from operating cash flow during the first half, ending the period with a debt-free balance sheet and $16.9 million in cash, an increase of $2.0 million si…
Stated in 2 of 3 supplied quarters. Management reported: “Importantly, we funded the business entirely from operating cash flow during the first half, ending the period with a debt-free balance sheet and $16.9 million in cash, an increase of $2.0 million since year end, giving us the flexibility to invest in growth while maintaining a solid financial profile.” “We are doing that work from a position of financial strength, funded internally and without leverage, which is what allows us to invest through the cycle rather than react to it.”
“Importantly, we funded the business entirely from operating cash flow during the first half, ending the period with a debt-free balance sheet and $16.9 million in cash, an increase of $2.0 million si…”
“We ended the period with a debt‑free balance sheet and $15.8 million in cash, which give us the flexibility to invest in growth initiatives while maintaining a solid financial profile.””
Focus on converting backlog and pipeline into organic revenue growth by ramping up major long-term prime contracts won in 2025.
Over the trailing year it converted 0.04x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, real (inflation-adjusted) rates, long-term interest rates (low R² over the window).
13 material management or governance events in the past 24 months, led by M&A activity. Historically, Information Technology names rated neutral grew net income 56% of the time over the next year (vs 55% for the rest of the cohort, n=8114).
Not investment advice. As of 2026-11-05.